Fed officials see ‘restrictive’ policy staying in place until inflation eases, minutes show
Federal Reserve officials at their September meeting differed on whether any additional interest rate increases would be needed, though the…
Wholesale inflation rose 0.5% in September, more than expected
A measure of wholesale prices rose more than expected in September, indicating simmering inflation pressures for the U.S. economy. The…
Housing industry urges Powell to stop raising interest rates or risk an economic hard landing
Top real estate and banking officials are calling on the Federal Reserve to stop raising interest rates as the industry…
IMF hikes U.S. growth forecast for 2023, leaves global outlook unchanged
The International Monetary Fund on Tuesday released its latest World Economic Outlook, which revised its forecast for U.S. growth higher…
Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week,…
Shares of UK’s Metro Bank up 26% after securing fresh capital
LONDON — Shares of the U.K.’s Metro Bank were sharply higher Monday morning, after the lender on late Sunday announced…
Why now may be the time to own corporate bonds
There may be advantages to owning corporate bonds right now. JPMorgan’s Bryon Lake believes his firm’s Ultra-Short Income ETF (JPST)…
Hispanic unemployment rate declines in September
The U.S. unemployment rate held steady in September but ticked down among Hispanic workers, according to data released Friday by…
Here’s where the jobs are for September 2023 — in one chart
The U.S. labor market saw broad gains in September in a surprisingly strong jobs report that sparked a quick sell-off…
Payrolls soared by 336,000 in September, defying expectations for a hiring slowdown
Job growth was stronger than expected in September, a sign that the U.S. economy is hanging tough despite higher interest…
